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ZKid Network Company to Retire 30,000,000 Shares of Outstanding Common Stock
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11 November 2004, 09:21am ET

CHICAGO, Nov. 11 /PRNewswire-FirstCall/ -- ZKid Network Company (BB:ZKID) has approached its largest shareholder to retire 30,000,000 shares of common stock. He has agreed to retire his 30,000,000 shares in exchange for 1,000,000 shares of Series B Preferred Shares. This action effectively reduces by 20% the outstanding float of ZKid common shares. The ZKid Board of Directors has agreed, and will retire the 30,000,000 shares to treasury as soon as possible. This is the second non-dilutive measure ZKid has taken this week.

ZKid Network Company CEO Donald Weisberg says, "I plan to reduce the number of outstanding shares of ZKid stock further. I will take an aggressive no-nonsense approach in formulating non-dilutive strategies for ZKid. Reducing by 20% the outstanding shares of common stock is a great second step. I am dedicated to enhancing shareholder value."

Mentioned Last Change
ZKID 0.036 0.008dollars or (28.57%)
ZKid Network Company is a proprietary software company dedicated to providing a totally safe environment for children. ZKid's software provides safe Internet e-mail, and chatroom capabilities as well as fully animated education/entertainment content for children ages 4-10. Subscribers can participate in a Virtual Private Network (VPN) specifically designed to provide a totally safe environment for children.

For Investor information, contact Equitilink PR: Mr. Ron Garner at 858-824-1940 or visit our new website at: http://www.zkidnetwork.com .

For further information about this press release please see our 8K dated November 11, 2004.

Safe Harbor Provisions:

Safe Harbor Act Notice...This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the Company's dependence on financing and third party suppliers, and other risks detailed from time to time in the Company's dependence on financing and third party suppliers, and other risks detailed from time to time in the Company's federal fillings, annual report, offering memorandum or prospectus. Specifications are subject to change without notice.

SOURCE ZKid Network Company
-0- 11/11/2004
/CONTACT: Ron Garner of Equitilink PR, [phone]/
/Web site: